Daily Forex Analysis

CAD/JPY Long-Term Trend: Bearish Key Resistance Levels: 91.002, 91.463, 91.710 Key Support Levels: 90.354, 89.458, 89.458 Daily Chart: The price on a higher timeframe is approaching a potential exhaustion zone, whilst simultaneously illustrating what may be a completed Elliot wave cycle. If the price fails to settle above the 91.4 area, we may see a big pullback out of this …

NZD/JPY Long-Term Trend: Bullish Key Resistance Levels: 78.955, 79.252, 79.475. Key Support Levels: 78.610, 78.447, 78.359. 1-Hr Time Frame: The price on the higher time frame is in a clear upward movement where the market is traded inside a bullish channel formation. The pair is correction to the highlighted support where after it a new bullish impulsive wave could be …

USD/CAD Long-Term Trend: Neutral Key Resistance Levels: 1.2776, 1.2850, 1.2945 Key Support Levels: 1.2640, 1.2497, 1.2307 Daily Time-frame: The price on the higher time frame is under a key resistance point and looks like a reversal but the price is still maintaining above the Support and there is no clear direction yet. Bearish bias seems strong as long as it …

EUR/JPY Long-Term Trend: Bullish Key Resistance Levels: 131.245, 131.628, 132.533. Key Support Levels: 130.645, 130.168, 129.662. 1-Hr Time Frame: The price on the higher time frame is in a clear upward movement where the market is traded inside a bullish channel formation. The pair is correction to the highlighted support where after it a new bullish impulsive wave could be …

GBP/CHF Long-Term Trend: Bullish Key Resistance Levels: 1.24207, 1.25080, 1.26298. Key Support Levels: 1.23467, 1.22807, 1.22213. Daily Time Frame: The price on the higher time frame posted a double bottom formation near a strong support level at 1.21951 CHF mark which led to a reversal and a move upward and a breakout of the descending channel. The market managed as …

AUD/JPY Long-Term Trend: Bullish Key Resistance Levels: 83.826, 84.512, 84.609. Key Support Levels: 83.132, 82.458, 82.203. Daily Time Frame: The price on the higher time frame is in a clear upward movement where higher highs and lows has been posted. Recently the market corrected to the support level where a new impulsive wave will push the price to the upside …

USD/CAD Long-Term Trend: Bullish Key Resistance Levels: 1.29296, 1.29497, 1.29967. Key Support Levels: 1.28054, 1.27811, 1.27646. Daily Time Frame: The price on the higher time frame is in a clear upward movement where higher highs and lows has been posted. Recently the market corrected to the support level where an engulfing bullish pattern has been posted showing that a new …

NZD/USD Long-Term Trend: Bullish Key Resistance Levels: 0.68600, 0.69212, 0.69431. Key Support Levels: 0.68109, 0.67375, 0.67000. Daily Time Frame: The price on the higher time frame managed to break the bearish channel to the upside after posting an engulfing bullish pattern near the bottom of the pattern. The market changed direction and moved from downward movement to an upward by …

AUD/USD Long-Term Trend: Bullish Key Resistance Levels: 0.72816, 0.73605, 0.74260. Key Support Levels: 0.72248, 0.71721, 0.71116. Daily Time Frame: The price on the higher time frame managed to break the bearish channel to the upside after a sell climax near the bottom of this pattern. The market changed direction and moved from downward movement to an upward by posting higher …

BTC/USDT (Futures) Long-Term Trend: Bullish Key Resistance Levels: 53180.53, 55966.11, 58853.19. Key Support Levels: 50344.26, 48416.53, 46283.97. Daily Time Frame: The price on the higher time frame managed to break the bearish channel to the upside after leaving a huge wick to the downside and posting a Wyckoff accumulation phase. In addition, the market succeeded to break the 50344 USDT …